New President for European Automobile Manufacturers’ Association (ACEA)

The Board of Directors of the European Automobile Manufacturers' Association (ACEA) has elected Carlos Ghosn, Chairman and CEO of Renault, as its new President.

Mr Ghosn takes over from Philippe Varin, former Chairman of the Board of Management of PSA Peugeot Citroën. This change is effective immediately.

ACEA Secretary General Erik Jonnaert said: "Mr Ghosn will lead ACEA through an important period of political transition in Europe. Under his presidency, ACEA will continue to focus on its key policy recommendations, which are to drive innovation, to foster growth through international trade and to call for a supportive regulatory framework. On behalf of ACEA’s Board, we wish to thank Mr Varin for his strong leadership of the association over the past months.”